Mark Cuban: Mass Layoffs Due to AI Unlikely for Now

While some tech industry leaders warn of the imminent displacement of white-collar workers by artificial intelligence, billionaire investor Mark Cuban believes such forecasts are exaggerated.

In his view, the main obstacle to mass replacement of employees by AI is not so much the technology itself as its high cost and limited reliability. He noted that using AI agents can cost companies more than $100,000 per year, making them far from a cheap alternative to human labor.

Cuban emphasized that AI is still unable to fully account for context, take responsibility, or show the practical judgment acquired through experience. According to him, AI systems function more at the level of interns than seasoned specialists.

Despite warnings from executives at major tech firms about potential large-scale cuts, mass layoffs due to AI have not yet materialized. Analysts point out that companies often use the topic of AI as an explanation for workforce optimization rather than actually replacing people with machines.

Cuban believes that before pursuing full automation, businesses must consider not only productivity but also moral, organizational, and financial risks.